(NBA) Players eager to bet back on court, could lose US$850m in gross salary - News Summed Up

(NBA) Players eager to bet back on court, could lose US$850m in gross salary


The exact results of the poll were unknown, and the methodology behind the poll _ including how many players participated _ was unclear. NBA players had somewhat different reactions. The NBA suspended its season on March 11 with 259 regular season games remaining, or roughly one-fifth of the season. Players stand to lose roughly US$850 million in gross salary if the regular season is not resumed and the NBA exercises its right to withhold roughly 1.08% of each player's salary for any game that is ultimately canceled. On average, that would mean each NBA player stands to lose about 21 perent of his total salary.


Source: The Standard May 13, 2020 04:30 UTC



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